NEW YORK--Aug. 3, 2005--American International
Group, Inc. (AIG) has announced that Michael E. Roemer will join AIG
as Director of Internal Audit and will be appointed an AIG Senior Vice
President. He will report directly to the Audit Committee of the AIG
Board of Directors and administratively to Steven J. Bensinger, AIG
Executive Vice President and Chief Financial Officer. Mr. Roemer
succeeds Keith L. Duckett, who has been named AIG Vice
President-Administration.

Mr. Roemer was previously Senior Vice President in the General
Audit Department of JP Morgan Chase, where he was responsible for
overall audit coverage of Finance, Risk Management, Commercial Banking
and the Trust, Custody and Cash Management businesses, as well as the
overall administration of the General Audit Department. He spent 20
years as an auditing professional with JP Morgan Chase in positions of
increasing responsibility. He earned his BS degree in Accounting from
St. John's University and completed the Tuck Executive Program at the
Tuck School of Dartmouth College.

As Vice President-Administration, Mr. Duckett will have
responsibility for AIG's Global Security, Global Sourcing and Global
Real Estate/Facilities and will identify opportunities to provide
enhanced service, support and efficiency to AIG's worldwide
businesses. He will report to Mr. Bensinger. Mr. Duckett joined AIG's
Internal Audit Division in 1987 and held various management positions
within the Division before being appointed Director of Technical
Accounting Standards in 1992. He was named AIG Director of Internal
Audit in 1995, and elected an AIG Vice President in 2001.

American International Group, Inc. (AIG), world leaders in
insurance and financial services, is the leading international
insurance organization with operations in more than 130 countries and
jurisdictions. AIG companies serve commercial, institutional and
individual customers through the most extensive worldwide
property-casualty and life insurance networks of any insurer. In
addition, AIG companies are leading providers of retirement services,
financial services and asset management around the world. AIG's common
stock is listed in the U.S. on the New York Stock Exchange and ArcaEx,
as well as the stock exchanges in London, Paris, Switzerland and
Tokyo.

CONTACT: American International Group, Inc.
Joe Norton, 212-770-3144
Director of Public Relations
SOURCE: American International Group, Inc.